Market outlook from Resolution Foundation

The latest quarterly Labour Market Outlook from the Resolution Foundation focuses on public sector pay and opens with a statement that the UK has seen more strikes in the past year than at any time since the 1980s. However, it highlights that some of these strikes have been in areas that haven't seen much if any average real pay cuts (transport) but not in others where pay has fallen far more (personal service workers) - and that difference is down to the level of unionisation.

Overall public sector pay has been hit much harder than private sector, and vacancies in the public sector have increased. Resolution argues that government will have to address this pay differential to meet the needs of the public sector workforce.

The report includes valuable analysis of public sector vs private sector pay and conditions, including the impacts of the 2009 financial crisis versus the pandemic.

Story via EdCentral newsletter.